Original cost and period of acquisition of property by previous owner is relevant for claim of capital gain, so was held by the Income Tax Appellate Tribunal (ITAT), New Delhi. The Assessee’s, Kulvinder Singh Kohli’s father had acquired the plot/property under consideration situated at J-2-25, B-Block, Park Land, Sector 84, Faridabad vide plot buyer’s agreementdated…
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